Finance & Professional Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Reference & Background Checking Services

Overview
Market size
$18.5B
global, USD
CAGR
7.2%
base to forecast
Buyer power
-1.6
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored

Market outlook

2031$26.2B

What changed

Demand by region

North America demand42%
Europe demand28%
Asia Pacific demand20%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Labor and Data Verification Specialists45%
Database and Government Records Access Fees25%
IT Infrastructure and Software Platforms15%
Compliance and Legal Quality Assurance15%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked

Related categories

401(k) Administration ServicesAccounting ServicesActuarial ServicesATM Network ServicesAudio Visual (AV) Equipment RentalAudit ServicesBilling ServicesBrand Management Services